Recently I have been thinking about the exist strategy for some of the properties in my portfolio. 

In my case,  I am planning to exit some of the property holdings in my current portfolio. 

They will usually keep it in portfolio rather than go by Fannie rules.

Duplex is in Walla Walla, SFH in Moses.Would like to grow my portfolio in Moses, keeping assets close and all...

I tried David myself but he was unable to help me- hopefully he has better options in his portfolio now. 

Once you can show people this you might be surprised how the jump will come with investors who have portfolios for 20-50 units each. 

Russell,Paying fees to refinance is part of the party to grow your portfolio.

With this strategy, I spend about 5-10 hours per week "managing" this portfolio and it handily pays our families bills. 

I am hoping that I can scale up sufficiently where a bank or a lender (private or commercial) is willing to look at us for financing and hopefully refinancing the whole portfolio or give us financing where we can start purchasing in with methods so we have more options on the table given that seller finance deals are hard to come by some times.  

@Nick Ruffini There is a million reasons people do it but I think, from what I have been reading, is people use that money to expand their portfolio.